Netflix is welcoming “Sesame Street” to its block after HBO parent company Warner Bros. Discovery opted not to re-up its deal for new episodes, citing a shift in corporate priorities during a period of harsh cost-cutting.

The streaming deal with Netflix, expands 'Sesame Street's' global reach while retaining its PBS partnership for free access on US television Netflix has thrown Sesame Street a safety net with a new streaming deal that offers the popular children's staple a broad reach while keeping it on its long-standing home,

If you want to understand what’s going on in the streaming business, go find Elmo and Cookie Monster.Netflix’s recent deal to stream the upcoming season of “Sesame Street” is, on its own, a major step in the entertainment giant’s effort to become a go-to destination for preschooler programming.